Who calculate CPI in Thailand?

Who calculate CPI in Thailand?

1. Reference CPI is calculated using the CPI data obtained from Bureau of Trade and Economic Indices, Ministry of Commerce – http://www.price.moc.go.th.

What is the 2021 consumer price index?

Over the 12 months from January 2021 to January 2022, the Consumer Price Index for All Urban Consumers (CPI-U) rose 7.5 percent. This is the largest 12-month increase since the 12-month period ending February 1982. Food prices increased 7.0 percent over the past year, while energy prices rose 27.0 percent.

What is the current consumer price index?

Not seasonally adjusted CPI measures The Consumer Price Index for All Urban Consumers (CPI-U) increased 8.3 percent over the last 12 months to an index level of 289.109 (1982-84=100). For the month, the index increased 0.6 percent prior to seasonal adjustment.

What is the consumer price index rate for 2020?

From December 2020 to December 2021, consumer prices for all items rose 7.0 percent, the largest December to December percent change since 1981. Over the year, food prices increased 6.3 percent, a larger percentage increase than the 12-month increase of 3.9 percent in 2020.

What is Price Index formula?

The consumer price index formula is: “Cost of products or services in a current period / cost of products or services in a previous time period x 100 = consumer price index.”

What is expected inflation 2022?

(March 18, 2022) The Federal Open Market Committee (FOMC), in its latest meeting on March 16, 2022, forecasted that the Personal Consumption Expenditures (PCE) inflation rate in the United States will average at 4.3% in 2022, and then decline to 2.7% in 2023.

What is the Consumer Price Index 2022?

The CPI rose just 8.3% year-over-year in April, not seasonally adjusted, compared to historic increases in February and March 2022. The CPI rose 8.5% in March, the greatest increase since December 1981. In February 2022, the CPI rose 7.9%, with prices reaching historic highs.

Is Consumer Price Index the same as inflation?

Inflation is an increase in the overall price level. The official inflation rate is tracked by calculating changes in a measure called the consumer price index (CPI). The CPI tracks changes in the cost of living over time. Like other economic measures it does a pretty good job of this.

What is the base year of Consumer Price Index?

The Price Statistics Division (PSD) of the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) started compiling Consumer Price Index (CPI) separately for rural, urban, and combined sectors on monthly basis with Base Year (2010=100) for all India and States/UTs with effect …